Asean Morning News For November 2

Asean Morning News For November 2

Asean morning newsAsean Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Golden Triangle is ‘ground zero’ for wildlife trafficking: WWF
TIGERS, ELEPHANTS, bears and pangolins are four of the most widely traded species in the Golden Triangle border area where Thailand, Laos and Myanmar meet, according to a report by WWF released yesterday.
— The Nation

Southeast Asian cyberspace: politics, censorship, polarisation
On 12 April 2017, Thailand’s Ministry of Digital Economy and Society issued what the Bangkok Post called “a strange government directive”.
— New Mandala

ASEAN manufacturing PMI inches up in October
The Nikkei ASEAN Manufacturing Purchasing Managers’ Index, or PMI, edged up slightly in October, signalling a mild improvement in the health of the sector.
— Nikkei Asian Review

PH infra firm to expand Asean investments
Metro Pacific Investment Corp. (MPIC) is firming up plans to tap investment opportunities in Asean particularly in toll roads, eyeing either in Malaysia or Indonesia by end of the year as part of strategy to build a Pan-Asean tollways group.
— Malaya

Trump to tackle 3 major issues in ASEAN summit in Manila
United States President Donald J. Trump will have three major issues to discuss with his counterparts when he participates at the Association of Southeast Asian Nations (ASEAN) summit in Manila on November 12 to 13.
— Manila Bulletin

What Did the ASEAN Defense Meetings in the Philippines Achieve?
Last week, defense ministers from around the region met for the ASEAN Defense Ministers Meeting (ADMM) and the ADMM-Plus in the Philippines, which are held annually and biannually among Southeast Asian states and some other major regional partners.
— The Diplomat

Duterte: ASEAN leaders dream of ‘cohesive partnership with all’
A few days ahead of the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Summits, President Rodrigo Duterte indicated that the regional bloc would eventually follow the lead of the European Union (EU).
— GMA News Online

China, ASEAN hold joint naval drills as tensions ease
China and members of the Association of Southeast Asian Nations (ASEAN) have held their largest-ever joint maritime rescue exercise, signalling a lull in South China Sea tensions.
— Channel NewsAsia

ASEAN businesses not a threat to Filipino farmers
The economic integration of the Association of Southeast Asian Nations (ASEAN) is rather a significant opportunity for Philippines small-hold farmers, not a threat. (READ: ‘Inclusive growth must start with agriculture’)
— Rappler

Asean will be more relevant – Duterte
THE Association of Southeast Asian Nations (Asean) will become as relevant as the European Union (EU) and other regional blocs in the coming years, President Rodrigo Duterte said.
—Manila Times

ASEAN opens opportunities for PH to become a better nation—NorMin DILG chief
Association of Southeast Asian Nations (ASEAN) would open opportunities to local government units (LGUs) and for the country to become a better nation.
— Philippine Information Agency

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

World Bank puts Kingdom lower in Doing Business report
For the second year in a row, Cambodia has slipped further down the World Bank’s annual Doing Business report.
— The Phnom Penh Post

Garment sector torn over wage hike
Both the hike in the garment industry minimum wage and the recent political deterioration, perceived as a threat to the future of democracy in Cambodia, have received mixed responses from international businesses operating in the Kingdom’s lucrative garment sector.
— The Phnom Penh Post

TOP NEWS: Prime Minister Hun Sen Buys Koh Kong Bridge for Cambodians to Cross
On the occassion of Water Festival, Prime Minister Hun Sen announced on Wednesday that the Royal Government has bought Koh Kong Bridge from Ly Yong Phat Company for people to travel free of charge.
— Fresh News

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Indonesia continues strong pace of reforms to improve business climate
Indonesia continued a strong pace of reforms to improve its investment climate, says the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report.
— The Financial

Jakarta sets 2018 minimum wage at Rp 3.6 million
The city administration reached a decision on Wednesday to set the provincial minimum wage at Rp 3.6 million (US$265).
— The Jakarta Post

Unilever Indonesia records 3.69 percent growth in revenue
Fast moving consumer goods firm PT Unilever Indonesia booked Rp 31.21 trillion (US$2.3 billion) in revenue in the period from January to September.
— The Jakarta Post

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Ministry to bolster education through e-learning
Government officials plan to introduce e-learning at the National University of Laos and teacher training colleges, the Minister of Education and Sports, Ms Sengdeuane Lachanthaboun, has said.
Vientiane Times

Central bank to strength foreign reserve management
The Bank of the Lao PDR will boost cooperation with commercial banks and enterprises to improve the management of money flow, aiming to comply with the regulations on the control of foreign reserves and strengthen the process.
Vientiane Times 

Laos, Vietnam break ground for new National Assembly building
President Bounnhang Vorachit and high ranking government officials from Laos and Vietnam yesterday attended a groundbreaking ceremony for the construction of the new National Assembly (NA) building on the That Luang esplanade in Vientiane.
Vientiane Times 

See here for more of today’s Lao Morning News

Malaysia morning newsMalaysia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Malaysia investigating reported leak of 46 million mobile users data
Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile phone subscribers online, in what appears to be one of the largest leaks of customer data in Asia.
The Edge Markets

EU-Malaysia FTA must address trade barriers against palm oil
Malaysia’s free trade agreement talks with the European Union (EU), which is slated to be renegotiated after a lull of five years, must address trade barriers that discriminate palm oil.
New Straits Times 

Why Malaysia shouldn’t worry about China’s investments
A very good Malay friend has asked for my comments on whether Malaysia should worry about China’s investments in the country. Obviously, many Malaysians have begun to raise this question because the opposition has been passing negative remarks in their campaign against the Chinese investments secured by the federal government.
Free Malaysia Today

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

$2.8 billion coal-fired power plant to be built in Kayin State
Thai construction company TTCL Pcl said it plans to build a $2.8 billion coal-fired power plant in Kayin State, according to a Reuters report.
Mizzima 

Heineken upbeat on future of Myanmar brewery
THOUGH Myanmar’s beer consumption is low at 6 litres per capita on a yearly basis, Heineken Myanmar sees it as a good opportunity for its expansion in Myanmar, according to managing director Rene Sanchez Valle.
The Nation 

Myanmar blames Bangladesh for delaying accord on repatriating Rohingya
Myanmar insisted on Wednesday it was ready to set up a repatriation process for Rohingya Muslims even as more risked their lives fleeing the country, but it voiced fears Bangladesh was delaying an accord to first get international aid money.
Reuters 

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Philippines ranks near bottom in terms of LTE availability, speed – report
The latest version of OpenSignal’s State of LTE report was released on Wednesday, November 1, and it points to the Philippines ranking lowly in both the availability of LTE connectivity and the speed of the LTE signal when compared to 76 other countries.
Rappler 

25% of Filipinos shift to digital payments
The Philippines is well on its way to be a cashless nation, with 25 percent of consumers have indicated that traditional (physical credit card, bank transfer/Internet banking, cheque, etc.) and new payment methods are now their primary payment, survey said.
Manila Bulletin 

Philippines Economy Stable But Purchasing Power Falls
hilippines Financial System Stability Committee has recorded stable economic conditions up to the third quarter this year, but it has also recorded negative perception of the people’s purchasing power, said a kontan.co.id report late Tuesday.
Financial Tribune 

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Singapore unveils plan to bolster its status as an Asian financial hub
Singapore unveiled a roadmap for strengthening its status as a financial hub in Asia, with the aim of growing the sector more than 4 percent a year and creating thousands of jobs.
Manila Bulletin 

Commentary: The future for Singapore’s energy burns bright
According to a study by the Sustainable Energy Association of Singapore, solar energy could possibly meet as much as a quarter of Singapore’s energy needs in 2025, said Deputy Prime Minister Teo Chee Hean at the Singapore International Energy Week (SIEW) last week.
Channel NewsAsia 

Singapore offers help to promote RuPay card overseas
Singapore has offered assistance to promote India’s digital payment network RuPay card overseas by becoming its first international partner.
The Economic Times 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Leap to 26th in ease of business
While Thailand saw a strong jump to 26th in the World Bank’s ease of doing business rankings for 2018, the government is committed to tackling the remaining obstacles, says Prime Minister Prayut Chan-o-cha..
— Bangkok Post

Section 44 invoked to pave way for new city planning for EEC
The Eastern Economic Corridor (EEC) Policy Committee has explained that the government has enforced Section 44 of the charter to revoke the town and country planning law in the EEC to expedite development and increase investor confidence.
— NBT World (video)

Central JD vows B100bn EEC spend
Central JD Commerce Co, a joint venture between top Thai retailer Central Group and JD.com, the biggest e-commerce company in China, vows to invest up to 100 billion baht over the next three years in e-commerce, e-logistics, e-finance, e-marketing and technology.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Vietnam improves significantly in ease of doing business: World Bank
Vietnam jumped 14 places to number 68 among 190 economies in terms of the ease of doing business this year, according to the latest rankings released by the World Bank.
— Nhan Dan Online

Thailand and Vietnam jump in business-friendliness ranking
Asia’s emerging economies, including Thailand and India, have become significantly more business-friendly, according to this year’s Ease of Doing Business Ranking published by the World Bank on Tuesday.
— Nikkei Asian Review

Moody’s raises outlook for Vietnam’s banking system
The upgrade was supported by the country’s robust economic growth and diversified economy.
— VnExpress

See here for more of today’s Vietnam Morning News

Asean Morning News is the most comprehensive selection of reports on what you need to know from around the Asean Economic Community (AEC) published. All articles are hand curated by the team at AEC News Today. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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